The current price of gold in the US market is 1930, and the back

After two consecutive victories in gold and singles, gold has not broken through new highs for a long time, and the short-term is blocked near 1930. Today, the U.S. market will be closed early. The probability of the market going up unilaterally is not high.



Gold rose in five small waves in one hour, and then began to rebound in wave B. Gold did not break through near the high point of 1930, and above 1930 was also a dense resistance area in the early stage. If gold does not break new highs, it may begin to fall in wave C. At the current price of the U.S. market, we are directly empty at 1930.



The market is changing rapidly, there is no market that can only rise but not fall, and there is no market that can only fall but not rise. Since the five-wave rise on the gold 1-hour chart may end, then turn around and go short.


Gold 1930 empty, stop loss 1938, target 1920-1915;

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Gold is in line with my expected data and is falling steadily

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Gold has entered a state of adjustment, you don't have to worry

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Gold is still falling slowly, as I expected

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See? Gold started to fall fast, that's the strength of a good analyst